Summary: S.1308 — 107th Congress (2001-2002)All Information (Except Text)

Bill summaries are authored by CRS.

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Reported to Senate without amendment (09/03/2002)

Quinault Permanent Fisheries Fund Act - Requires the judgment funds awarded on September 19, 1989, to the Quinault Indian Nation under specified U.S. Claims Court dockets to be disbursed by the Secretary of the Interior and deposited into the following three separate accounts to be established and maintained by the Tribe: (1) an account for the investment income earned on the funds from such date to the date of disbursement to be available for tribal government activities; (2) an account for the principal amount of the funds to be used to create a Permanent Fisheries Fund; and (3) an account for the investment income earned on such Fund to be available for fisheries enhancement projects and the costs associated with administering such Fund.